Wall Street's Most Accurate Analysts Give Their Take On 3 Utilities Stocks Delivering High-Dividend Yields

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During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.

Benzinga readers can review the latest analyst takes on their favorite stocks by visiting Analyst Stock Ratings page. Traders can sort through Benzinga's extensive database of analyst ratings, including by analyst accuracy.

Below are the ratings of the most accurate analysts for three high-yielding stocks in the utilities sector.

Clearway Energy, Inc. CWEN

  • Dividend Yield: 6.81%
  • Jefferies analyst Julien Dumoulin-Smith initiated coverage on the stock with a Buy rating and a price target of $35 on Sept. 20, 2024. This analyst has an accuracy rate of 66%.
  • Morgan Stanley analyst Robert Kad upgraded the stock from Equal-Weight to Overweight and boosted the price target from $25 to $36 on July 31, 2024. This analyst has an accuracy rate of 78%.
  • Recent News: On Nov. 25, Clearway Energy entered into binding agreement to acquire Operational Tuolumne Wind Project from Turlock Irrigation District.
  • Benzinga Pro's real-time newsfeed alerted to latest CWEN news.

Spire Inc. SR

  • Dividend Yield: 4.62%
  • Mizuho analyst Gabriel Moreen upgraded the stock from Neutral to Outperform and boosted the price target from $65 to $76 on Dec. 20, 2024. This analyst has an accuracy rate of 77%.
  • Janney Montgomery analyst Michael Gaugler initiated coverage on the stock with a Neutral rating and a price target of $73 on Dec. 17, 2024. This analyst has an accuracy rate of 72%.
  • Recent News: On Nov. 20, Spire reported a loss for the fourth quarter.
  • Benzinga Pro's real-time newsfeed alerted to latest SR news

Portland General Electric Company POR

  • Dividend Yield: 4.93%
  • B of A Securities analyst Ross Fowler maintained an Underperform rating and cut the price target from $46 to $43 on Dec. 24, 2024. This analyst has an accuracy rate of 62%.
  • Keybanc analyst Melissa Gorham maintained an Overweight rating and cut the price target from $52 to $51 on Dec. 4, 2024. This analyst has an accuracy rate of 70%.
  • Recent News: On Oct. 25, Portland Gen Electric posted upbeat quarterly results.
  • Benzinga Pro’s real-time newsfeed alerted to latest POR news

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